"An open innovation platform shares human brains and ingenuity like Airbnb shares spare accommodation." These are the words of Christian Cotichini, co-founder and CEO of the HeroX innovation platform. There is growing recognition among organization leaders that...
More and more organizations are recognizing the benefits of open innovation challenges as a means to tap in to the collective wisdom of many people outside of their own employees or other regular sources. Solutions can be surprisingly different from people outside of...
A fundamental tenet of the sharing economy is to use resources more efficiently. At a time when all of us as individuals are increasingly asked to consider our use of air travel, single-use plastic products, and turning down room temperatures, the construction...
To combat spread of the coronavirus, this week the Italian Government announced a lockdown of an area in northern Italy that is home to 16 million residents. That has very quickly been extended and the entire population of Italy is being asked to stay indoors. Only...
AI technology is increasingly used to open up new horizons for scientists and researchers. It enables analysis of masses of data much faster than humans can manage, identifies deep trends and patterns that could be indiscernible to human analysts, and can better keep...
Debates on the benefits of and threats from artificial intelligence are moving on. Projections of mass unemployment due to the loss of routine work are becoming more balanced by realisations that maybe 65% of children in primary school today are going to have jobs...
This is our theme for Crowdsourcing Week in 2020: BOLD // Crowd 2.0 powered by AI and Machine Learning. It’s where crowdsourcing takes a major transformative step rather than a series of incremental ones. At the same time as recognizing crowdsourcing as a business...
With sad regret I have recently seen the passing of two people who left an indelible mark both on the world of innovation and on me personally. Academic, business leader, author and “management guru” Professor Clayton Christensen, and serial entrepreneur Leila Janah,...
I learned recently that architects are involved in only 2% of the newly constructed built environment in the UK. A week later, a report released based on a housing design audit for England that had examined over 140 housing developments built since 2007 revealed that...
Nine years ago, I summed up 2010 as “the year that crowdsourced transcription finally caught on.” This seems like a good time to review the big developments in the field over the decade that 2010 launched. What the field looked like in 2010 It’s interesting to look...
A lot of new authors now are choosing to finance their e-book and cover their expenses throughout the writing process thanks to a crowdfunding campaign. You might be wishing you could write full-time but you couldn’t leave the stability of a paying job. The good news...
Crowdsourcing is proving to be the belle of the ball for attracting the attention of investors and sharing potential funding opportunities. Peer to peer lending has reached $25 billion while equity funding raised $2.5 billion through crowdsourcing. In the last five...